American firms continued to hire workers at a torrid pace in May to meet strong demand amid a historically tight labor market and 8.3% inflation. … READ MORE >
jobs report
U.S. April jobs report: Another month of solid payroll gains
Sustained strength in wages continues to attract workers back into the American labor force which resulted in a net increase of 428,000 in April. … READ MORE >
Chart of the day: Initial jobless claims point to strong jobs report
New filings for jobless claims last week fell slightly, to 184,000, holding steady below the average pre-pandemic level for the 12th straight week. … READ MORE >
U.S. March jobs report: American labor market remains red hot
The American labor market remains red hot as the employment-to-population ratio among prime-age workers surged to 80.0% in March, up from 79.5% in February. … READ MORE >
U.S. February jobs report: Bittersweet symphony as employment rises by 678,000
Despite a net increase in total employment of 678,000 and a decline in the unemployment rate to 3.8% in February, the improvement in the American labor market is now in the rear-view mirror as the impact of geopolitical tensions and inflation sets in. … READ MORE >
Although U.S. jobs report outshined Canada’s, Canadian outlook remains promising
As the initial shock of the Feb. 4 Canadian jobs report wears off, it’s clear that Canada is still firmly on the road of strong economic growth in 2022 and is still in step with the United States. … READ MORE >
U.S. January jobs report shows strong gains and significant upward revisions
The net increase of 467,000 in total employment on the back of a significant upward revision to the December estimate, from a gain of 199,000 to 510,000, affirms what the household survey has implied for the past two months: The U.S. economy is quickly approaching full employment. … READ MORE >
U.S. jobs preview: Stick a giant omicron asterisk on the January report
The omicron variant has almost surely created significant distortions in the American workforce that will become evident when the jobs report for January is released on Friday. … READ MORE >
U.S. December jobs report: Economy has strongest year of job creation on record
The total number of jobs created last year was roughly 6 million as the unemployment rate declined from 6.5% at the start of the year to 3.9%. … READ MORE >
December jobs report preview: Expect the unemployment rate to fall to 4.1%
We expect a net change in total employment of 475,000 jobs and a decline in the unemployment rate to 4.1% when the jobs report for December is published on Friday. … READ MORE >